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AW9U Stock Chart & Stats
S$0.23
S$0.00(0.00%)
At close: 4:00 PM EDT
S$0.23
S$0.00(0.00%)
Day’s Range― - ―
52-Week RangeS$0.22 - S$0.29
Previous CloseN/A
Volume1.15M
Average Volume (3M)2.06M
Market Cap
S$487.42M
Enterprise ValueS$922.12
Total Cash (Recent Filing)S$34.75M
Total Debt (Recent Filing)S$466.85M
Price to Earnings (P/E)17.7
Beta0.41
Next Earnings
Nov 04, 2026EPS EstimateN/A
Next Dividend Ex-DateN/A
Dividend Yield9.09%
Share Statistics
EPS (TTM)<0.01
Shares Outstanding2,119,234,100
10 Day Avg. Volume1,171,930
30 Day Avg. Volume2,057,720
Financial Highlights & Ratios
PEG Ratio-0.92
Price to Book (P/B)1.04
Price to Sales (P/S)6.28
P/FCF Ratio13.27
Enterprise Value/Market CapN/A
Enterprise Value/RevenueN/A
Enterprise Value/Gross ProfitN/A
Enterprise Value/EbitdaN/A
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusN/A
Number of Analyst Covering0
EPS Forecast (FY)0.02
Revenue Forecast (FY)S$81.38M
Bulls Say, Bears Say
Bulls Say
Stable Rental Income ModelFirst REIT’s core revenue comes from contracted base rents and lease structures with built-in escalations and recoveries. That rental-centric business model provides predictable, recurring cash flows and reduces revenue volatility versus transactional businesses, supporting steady distributions and planning.
High Operating MarginsSustained high margins imply efficient property operations and strong spread between rent collected and property costs. Durable margin strength helps absorb localized demand weakness, underpins coverage of distributions, and supports internal cash generation even if top-line growth moderates.
Positive Free Cash Flow CoverageFree cash flow that currently covers reported net income indicates earnings are backed by cash, reducing reliance on accruals or one-offs. This cash backing supports the REIT’s ability to fund distributions and routine capex without immediate external financing, a durable strength for income-focused investors.
Bears Say
Multi-year Revenue DeclineA persistent negative revenue trend constrains long-term growth prospects and limits the REIT’s capacity to increase distributions or reinvest in the portfolio. Ongoing top-line contraction can signal weakening occupier demand or pricing pressure in key markets, reducing strategic flexibility.
Weakening Free Cash Flow MomentumA sharp decline in free cash flow reduces financial headroom for maintenance capex, asset upgrades, and debt servicing. Even with current FCF covering net income, a sustained downturn in cash generation raises the risk of needing external capital and pressures long-term dividend sustainability.
Rising LeverageIncreasing leverage tightens financial flexibility and raises refinancing and interest-rate vulnerability for a capital-intensive REIT. While current leverage is not extreme, the upward trend reduces cushion for acquisitions or shocks and could raise funding costs or constrain growth initiatives over the medium term.
First Real Estate Investment News
AW9U FAQ
What was First Real Estate Investment Trust’s price range in the past 12 months?
First Real Estate Investment Trust lowest share price was S$0.22 and its highest was S$0.29 in the past 12 months.
What is First Real Estate Investment Trust’s market cap?
First Real Estate Investment Trust’s market cap is S$487.42M.
When is First Real Estate Investment Trust’s upcoming earnings report date?
First Real Estate Investment Trust’s upcoming earnings report date is Nov 04, 2026 which is in 93 days.
How were First Real Estate Investment Trust’s earnings last quarter?
First Real Estate Investment Trust released its earnings results on Jul 29, 2026. The company reported S$0.007 earnings per share for the quarter, beating the consensus estimate of N/A by S$0.007.
Is First Real Estate Investment Trust overvalued?
According to Wall Street analysts First Real Estate Investment Trust’s price is currently Overvalued.
Does First Real Estate Investment Trust pay dividends?
First Real Estate Investment Trust pays a Quarterly dividend of S$0.005 which represents an annual dividend yield of 9.09%. See more information on First Real Estate Investment Trust dividends here
What is First Real Estate Investment Trust’s EPS estimate?
First Real Estate Investment Trust’s EPS estimate for its next earnings report is not yet available.
How many shares outstanding does First Real Estate Investment Trust have?
First Real Estate Investment Trust has 2,119,234,100 shares outstanding.
What happened to First Real Estate Investment Trust’s price movement after its last earnings report?
First Real Estate Investment Trust reported an EPS of S$0.007 in its last earnings report, beating expectations of N/A. Following the earnings report the stock price went same 0%.
Which hedge fund is a major shareholder of First Real Estate Investment Trust?
Currently, no hedge funds are holding shares in SG:AW9U
What is the TipRanks Smart Score and how is it calculated?
Smart Score combines eight research factors - such as analyst recommendations, hedge fund trends, and technical indicators - to measure a stock’s outlook. These signals are unified into a single score that reflects bullish or bearish momentum. See detailed methodology
Company Description
First Real Estate Investment Trust
First Real Estate Investment Trust (First REIT) is an investment trust established through a Trust Deed on October 19, 2006. It was initially formed with First REIT Management Limited (formerly Bowsprit Capital Corporation Limited) acting as the Manager and HSBC Institutional Trust Services (Singapore) Limited as the Trustee. The trust commenced trading on the Singapore Exchange Securities Trading Limited on December 11, 2006. Subsequently, on March 1, 2018, Perpetual (Asia) Limited assumed the role of Trustee, succeeding HSBC Institutional Trust Services (Singapore) Limited. As Singapore's inaugural healthcare-focused real estate investment trust, First REIT's mandate is to acquire and manage a diverse portfolio of income-generating real estate and related assets across Asia, primarily dedicated to healthcare or healthcare-related uses. Its portfolio, overseen by First REIT Management Limited, currently encompasses 20 properties spread across Indonesia, Singapore, and South Korea. These assets include a mix of hospitals (like the Siloam Hospitals chain), nursing homes, hospitality properties (such as The Imperial Aryaduta Hotel & Country Club), and retail components (like Lippo Plaza). Operationally, Indonesian hospital assets are managed by PT Siloam International Hospitals Tbk, a highly reputable healthcare provider and a subsidiary of PT Lippo Karawaci Tbk. The hospitality components, including The Imperial Aryaduta Hotel & Country Club and Hotel Aryaduta Manado, are under The Aryaduta Hotel and Resort Group, while retail centers such as Lippo Plaza Kupang and Lippo Plaza Buton are overseen by PT Lippo Malls Indonesia. In Singapore, Pacific Healthcare Nursing Home Pte. Ltd. and Pacific Eldercare and Nursing Pte. Ltd. manage the nursing homes at Bukit Merah and Bukit Panjang, respectively, with The Lentor Residence operated by The Lentor Residence Pte. Ltd. Sarang Hospital in South Korea is operated by an independent medical practitioner. Investing in First REIT provides exposure to Asia's expanding healthcare sector, a market poised for significant growth due to increasing life expectancy across Indonesia and the broader Southeast Asian region.
Technical Analysis
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